Let's break it down into two pieces, the LLC and the partnershipThe LLCYour current operating agreement should lay out ownership structures and contribution.  

A soft spot is just a piece of the subfloor that has rotted over time for any number of reasons, including appliance leaks, window or roof leaks, or faulty plumbing.Ensure that you get a good look underneath the mobile home itself.

I have 3 pieces of advice to consider. 1) I’m unfamiliar with the specific condo you mentioned - but as a general rule of thumb when it comes to condos.. 

Here customers happily pay 20-50% up front.One piece of that is that the 'profit' on each draw is not distributed but used to purchase the next round of materials so the project goes quickly.

I think you're missing the most important piece of investing - and thats the assumption that you need to buy right.

Say flooring, go to your local Home Depot and find a flooring you would like to use then do the materials estimate like that (remember to add 10% to your square footage for pieces that will need to get cut).

Def charge a reasonable fee and if your cleaner wants a piece, keep them happy.

They will want a a piece of the profit AND it could be very worth it on your first project.

But if you need help implementing that information, figuring out all the pieces to make an opportunity successful (buying a subto, doing a wrap, a lease option, seller finance, for example), what legal documents you need, a partner to help you fund your deal, then that is where the value of the subto community is. 

I suggest to investors to find a situation where all the pieces are put together for you.